DOW Elliott Wave Analysis for Monday 02/10/2023 (+ Higher TF)
For traders (lower timeframe):
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like wave ((c)) is still missing a fifth wave down.
For investors (higher timeframe):
In the higher timeframe, if it plays out, investors should wait for the completion of the expanded flat pullback. The wave (2) area (in red) is a nice buying opportunity for investors.
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like wave ((c)) is still missing a fifth wave down.
For investors (higher timeframe):
In the higher timeframe, if it plays out, investors should wait for the completion of the expanded flat pullback. The wave (2) area (in red) is a nice buying opportunity for investors.
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